FINC400: Financial Management

Common Size Balance Sheet
International Speedway Corporation

Period Ending Nov. 30, 2013Period Ending Nov. 30, 2012
Assets
Current Assets
Cash and Cash Equivalents$ 172,8278.57%$ 78,3794.04%
Short Term Investments$ – 0.00%$ – 0.00%
Net Receivables$ 46,4312.30%$ 39,0612.01%
Inventory$ 2,6190.13%$ 3,0200.16%
Other Current Assets$ 13,9650.69%$ 7,1590.37%
Total Current Assets$ 235,84211.69%$ 127,6196.57%
Long-Term Investments$ 134,3276.66%$ 146,3787.54%
Property, Plant, and Equipment$ 1,276,97663.29%$ 1,362,18670.15%
Goodwill$ 118,7915.89%$ 118,7916.12%
Intangible Assets$ 178,6288.85%$ 178,6499.20%
Accumulated Amortization$ – 0.00%$ – 0.00%
Other Assets$ 72,9423.62%$ 8,1180.42%
Deferred Long-Term Asset Changes$ – 0.00%$ – 0.00%
Total Assets$ 2,017,506100.00%$ 1,941,741100.00%

Liabilities
Current Liabilities
Accounts Payable$ 27,6691.37%$ 14,5710.75%
Short/Current Long-Term Debt$ 2,8070.14%$ 2,5130.13%
Other Current Liabilities$ 51,5862.56%$ 59,6673.07%
Total Current Liabilities$ 82,0624.07%$ 76,7513.95%
Long-Term Debt$ 271,68013.47%$ 274,41914.13%
Other Liabilities$ 1,4710.07%$ 3,0830.16%
Deferred Long Term Liability Charges$ 375,13518.59%$ 338,67817.44%
Minority Interest$ – 0.00%$ – 0.00%
Negative Goodwill$ – 0.00%$ – 0.00%
Total Liabilities$ 730,35136.20%$ 692,93135.69%

Stockholders’ Equity
Misc. Stocks Options Warrants$ – 0.00%$ – 0.00%
Redeemable Preferred Stock$ – 0.00%$ – 0.00%
Preferred Stock$ – 0.00%$ – 0.00%
Common Stock$ 4610.02%$ 4600.02%
Retained Earnings$ 846,23541.94%$ 811,17241.78%
Treasury Stock$ – 0.00%$ – 0.00%
Capital Surplus$ 445,09722.06%$ 442,47422.79%
Other Stockholder Equity$ (4,638)-0.23%$ (5,296)-0.27%
Total Stockholder Equity$ 1,287,15563.80%$ 1,248,81064.31%
Total Liabilities & Stockholder Equity$ 2,017,506100.00%$ 1,941,741100.00%